Business Continuity And Resilience
It’s about keeping calm and carrying on-no matter what!
Today you might be the owner of a multi-billion dollar company and there might be thousands of employees and customers who rely on your company. But, ever thought what would happen if the next day you wake up to a natural disaster or a major data breach? The impact of such disruptions on your business will be more than you can imagine. You should not lose hope, you will have to rise and spring back to shape, for the sake of your company and employees.
This may not sound easy, but businesses cannot afford to stay away from the market for a longer duration, in today’s ultra-competitive business environment.
Why Business Continuity?
Contemporary scenarios have highlighted the point that businesses no matter how robust in their own domains share vulnerabilities in one form or the other. Consider the following risk scenarios and determine how they can affect the financial health of your company and its brand image in the market:
- Natural and Infrastructural disasters and failures
- Technological failures
- Loss of critical information
- Denial-of-service attacks
- Workforce vulnerabilities e.g. pandemic, strikes, natural disasters
- Energy loss and failures
- Contractual 3rd party failures
- Acts of Terrorism
These have made the requirement of a comprehensive BCM Plan extremely important for the wellbeing of any company. Business Continuity Management Services in Dubai help you overcome major disruption such as above. BCM is a framework for identifying a company’s risk of exposure to threats, both internal and external. It creates systems of prevention and recovery to tackle potential threats to a firm
The PDCA(plan–do–check–adjust) model is the fundamental building block of a business continuity management system. The PDCA process makes sure that a BC system and associated activities are reviewed and improved, on a regular basis. PDCA is all about planning the required changes (plan), making the changes (do), checking whether the changes have the desired effect (check) and institutionalizing the changes (act).
Our Business Continuity Management plan
Whether you are starting from the ground up or building on top of an already existing platform or have a diversified global business continuity program, we will help you move up to the next level. Our experience with strong organizational business continuity enables us to develop a sound business resilient platform along with our clients where critical issues can be managed and identified before they occur.
HLB HAMT’s business continuity plan/ process in UAE process undergoes continuous testing in real scenarios and it is constantly being updated. This has allowed us to constantly improve ourselves with the best in class practices. The package includes detailed real field level databases, lists which are being used currently in the field.
At HLB HAMT, we believe in setting high benchmarks for ourselves. This is evident from our extensive international business compliance certifications such as the ISO 9001:2008 (Quality Management Systems), ISO 27001:2013 (Information Security Management Systems), Attestation on ISAE 3402(International Standards on Assurance Engagements). We are also a Member of the Dubai Quality Group.
Where can we help?
We help and support our clients’ development of a resilient operational business practice which not only helps them improve cost-effectiveness but also makes sure that they are better prepared in advance for any eventuality.
At HLB HAMT, we incorporate tested formulae of Analysis, Design, Implementation and Validation running in a perpetual manner that allows us to prepare our clients in a better way to safeguard their interests.
We have developed a sound framework of business as well as new-age technological aspects which can be applied in a long-term sustainable approach. The modular and flexible nature of our framework means we are extremely specific to our clients’ needs and so can better help and recommend resources of company based on its individual profile.
Latest insights, case studies and news from across the network
Dubai Future District
2019 was a significant year for UAE, with numerous new policies, amendments and developments. 2020 is not going to be any different; it is going to be the beginning of...
Five-year multi-use visa for Tourists in UAE
UAE has welcomed 2020 with a great news for tourists; a five-year multi-use visa. The visa will be implemented in the upcoming four months and people of all nationalities can...
The Scope of AI in Auditing and Accounting
Audit firms in the UAE have recently witnessed a transformation which has changed traditional audit styles, and this is mainly due to the emerging technologies such as artificial intelligence.